Keepmoat to build 4,000 additional homes in WMCA deal
Keepmoat has become the latest strategic partner of the West Midlands Combined Authority (WMCA), pledging to build 4,000 additional new homes in the West Midlands.
Keepmoat has also committed to aim to achieve net zero carbon emissions when building on brownfield sites and to increase its housebuilding by 50% across the region.
Charlotte Goode, divisional chair for Keepmoat West Midlands & East Midlands, said: “We are delighted that we have been named as a strategic partner of the WMCA and that our work in the region continues to go from strength to strength. As part of our development work with WMCA, we’re already building a minimum of 1,000 new homes at price points that are accessible to people including first-time buyers.
“Building sustainable communities is also a core value at Keepmoat. Working as a strategic partner of WMCA, we are actively pursuing net zero carbon developments, with schemes incorporating climate adaptation measures that respond to the short and long-term impact of climate change. These zero carbon standards go above and beyond the 2025 Future Homes Standards and help contribute to WM2041.”
Keepmoat’s £360m Spirit Quarters development has so far delivered 979 new homes, with 275 of these allocated for first-time buyers. Supported by WMCA’s £1m investment of devolved funding, this scheme continues to transform the former Wood End estate in Coventry.
The homebuilder’s investment into the West Midlands will support the West Midlands target of delivering 215,000 new homes by 2031. In December last year, WMCA announced that the number of new homes being built in the region had surpassed pre-Covid levels, with 16,730 new additional homes delivered in the 12 months to March 2022 – 203 more than in the year up to March 2020.
